0 00000 Media, PA 19063
This exceptional opportunity presents the acquisition of a renowned Italian restaurant in Media, Pennsylvania. Established in 1930 and extensively renovated in 2021, this landmark eatery boasts a prime location and consistent high sales, averaging $100,000 per month. The 5,000 square foot, two-story building features a main dining area with seating for 80 patrons and a separate bar area accommodating 26 guests. The property operates six days a week and is zoned for general business and restaurant use (B zoning). The sale includes a transferable liquor license, a significant asset for continued operation. The building itself is a single unit, fee simple ownership, offering complete control and potential for further expansion or adaptation. This is a turnkey operation with a proven track record, ideal for an experienced restaurateur seeking a well-established business in a desirable location. The property's history and reputation within the Media community provide a strong foundation for continued success. This is a rare opportunity to own a thriving, profitable business in a vibrant market. The building's solid construction and recent renovations ensure a smooth transition for the new owner. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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